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Osisko Gold Royalties bets on Sable Resources
Sable Resources (TSXV: SAE) says agreements potentially worth up to $12.6 million with Osisko Gold Royalties (TSX: OR) will finance exploration across its projects for the next four years. Osisko is taking a 9.86% stake for $2.08 million in the junior grassroots explorer…
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Monarch Gold sells Pandora NSR to Agnico Eagle
The sale of a 0.5% net smelter return royalty on Monarch Gold‘s (TSX: MQR; US-OTC: MRQRF) Pandora property to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) monetizes a non-core asset, and reduces the cost of acquiring the McKenzie Break and Swanson properties by…
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GOLD: Alamos sells Metalla US$8 million royalty portfolio
TORONTO – Alamos Gold will sell a portfolio of 18 royalties on assets not owned by Alamos to Metalla Royalty and Streaming for US$8 million in Metalla shares. The portfolio includes a 2% net smelter returns royalty (NSR) on Agnico Eagle Mine’s El Realito…
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GOLD: Rob McEwen boosts interest in Abitibi Royalties
QUEBEC – Rob McEwen has boosted his interest in Abitibi Royalties of Val d’Or with the purchase of 439,084 Abitibi shares for approximately $2.3 million. That increases his interest in the company to 12.3% from 8.7%. Abitibi president and CEO…